Allison is the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty vehicles and is a leader in hybrid-propulsion systems for city buses. This will be the company’s first appearance at the biannual auto event.

In 1981, Allison first entered China’s commercial vehicle market. Today, Allison automatic transmissions are featured across China in numerous applications including city buses, coaches, refuse, mining, construction, fire, airport support vehicles, terminal tractors and oil field equipment. The company’s Continuous Power TechnologyTM enables smooth and uninterrupted power shifts and superior acceleration. Each shift is calculated to choose the most efficient shift point, helping drivers precisely maneuver their vehicles and better control their operation.

In addition to their full range of Allison Automatics, the company will also feature two new innovations during Auto Shanghai: FuelSense® 2.0 and the Allison TC10® transmission.

Providing maximum value for applications with heavy start-stop needs, FuelSense 2.0 is ideally suited for city bus, school bus, refuse, construction and distribution. With more than 3 million test miles in customer fleets representing a variety of duty-cycles, the fleets have experienced fuel economy gains up to 6 percent.

With an innovative and unique design, the 10-speed fully automatic TC10 combines Allison’s torque converter with a twin countershaft gear scheme. This combination provides both full power shifts and cruising fuel economy for greater productivity and efficiency. The transmission is ideal for tractor applications and is extremely well-suited for distribution applications where the tractor-trailer splits its work cycle between city and highway conditions.

Overall, fleets adopting the TC10 and sharing data with Allison are reporting an average fuel economy improvement of 5 percent when compared to other transmission technologies. With FuelSense® technology, a unique package of software and electronic controls, the TC10 achieves the best fuel economy, regardless of driver experience or expertise.

For more information on Allison transmission technologies and its innovative products, visit booth 5BH139 in Hall 5.2 at the Shanghai Auto Show.

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About Allison Transmission

Allison Transmission (NYSE: ALSN) is the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and is a leader in hybrid-propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,600 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.

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This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.